---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-26-000041"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2026-10-15T21:21:03+00:00"
generated_at: "2026-10-15T21:22:05.115409+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Semtech lifts Q3 FY27 guidance to $417.5M sales and $1.14 adj EPS, sets FY30 $3.2B framework

## Summary
- Q3 FY27 net sales outlook raised to $417.5M +/- $2.5M from $410.0M +/- $5.0M; adjusted diluted EPS to $1.14 +/- $0.02 from $1.05 +/- $0.03.
- Adjusted gross margin guidance up to 59.0% +/- 40bps (from 58.3%) and adjusted operating margin to 33.0% +/- 10bps (from 31.0%).
- FY30 framework: net sales $3.2B, data center net sales $2.1B; FY26-FY30 CAGRs of 38% consolidated, 75% data center, 30% LoRa.
- FY30 non-GAAP targets: 70% adjusted gross margin, 48-50% operating margin, free cash flow at 35% of net sales, adjusted EPS $12.40-$13.00 (64-66% CAGR).
- Outlook given at the October 15, 2026 Data Center Analyst Day; FY26 base excludes $166M of Cellular Module revenue; webcast replay posted for 90 days.

## SEC filing metadata
- accession: 0000088941-26-000041
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2026-10-15T21:21:03+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894126000041/0000088941-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894126000041/smtc-20261015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-26-000041
- JSON: https://secwatch.observer/filing/0000088941-26-000041.json
- Plain text: https://secwatch.observer/filing/0000088941-26-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.